Suppose the government sets a target price of $5 per bushel for any quantity supplied up to 1,000 bushels. How many bushels of corn are purchased by

/in /by

Suppose the government sets a target price of $5 perbushel for any quantity supplied up to 1,000 bushels. Howmany bushels of corn are purchased by consumers and atwhat price? By the government? How much does the programcost the government? How much revenue do cornfarmers receive?

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